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Europe Daily Bulletin No. 8250

8 July 2002
Contents Publication in full By article 50 / 54
ECONOMIC INTERPENETRATION / (eu) travel

The European group, AMADEUS GLOBAL TRAVEL DISTRIBUTION, is going to acquire 95% of capital from the Swedish SMART subsidiary of the SAS group, the main player in travel distribution in Scandinavia, for EUR 109 million. AMADEUS already controls 5% of capital in SMART. With a pre-tax profit of 95 million Swedish Crowns, this company operates in Scandinavia, Latvia and Lithuania with market share of between 65% and 90%.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT